This content is from:APP亚博娱乐
印度证券交易委员会书Illiquid Derivs Market Making
The Securities and Exchange Board of India (Sebi) has allowed market-making in illiquid equity derivatives.
TheSecurities and Exchange Board of India(Sebi) has allowed market-making in illiquid equity derivatives,Livemintreports. Various brokers as well as theNational Stock Exchange(NSE) and theBombay Stock Exchange(BSE) have accepted the guidelines for “boosting liquidity” in illiquid derivatives.
The regulator has allowed stock exchanges to design their own schemes to incentivize market-makers as long as they disclose the terms of such programs and also permitted exchanges to offer fee discounts, adjustments in fees in other segments, cash payments and shareholding in the stock exchange to a market-maker. Sebi has also permitted market-making for futures and options in new listings or in securities where the average turnover is less than 0.1% of market capitalization.
Click here for the story fromLivemint.
Click here for additional coverage fromBusiness Standard.